Retail/Office Building on High-Traffic
For Sale
$779,000
400 Interchange Road, Lehighton, PA 18235
COMMERCIAL - Franklin Twp, PA
Property Size7,500 SF
Lot Size0.63 Acres
Price / SF$103.87
Days on Market182
Property Features for 400 Interchange Road
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From Walmart in Lehighton, travel Route 443, cross bridge. Travel straight about 1/4 mile, property is on the left
Subdivision
Franklin
Standard status
Active
Size
7,500 SF
Lot size
0.63 Acres
Utilities
Sewer type
Septic Tank
Cooling system
Ductless
Water source
Well
Building Details
Year built
1986
Listing Agency:
RE/MAX Unlimited Real Estate · RE/MAX International
(610) 266-4000
Listed By:
Glenn D. Fritts · License #AB066533
(610) 266-4000
Added: Feb 5
Changed: Aug 4
Last Checked: Aug 6 at 10:06PM
MLS# 771487
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial building offers approximately 7,500 square feet of space. Currently used as a retail store, it includes dedicated office space, a showroom, storage rooms, bathrooms, a kitchenette, and a large garage. The property features 35 dedicated parking spaces. Situated on a 0.63-acre lot just off Route 209, it benefits from high visibility and a traffic count exceeding 15,000 vehicles daily. The layout's adaptability supports various business needs. Its strategic location is 2 miles from the PA Turnpike and Route 248, along with other major travel routes.
Key Highlights
- High‑visibility location on Route 209 with over 15,000 vehicles daily
- Adaptable 7,500 sq ft building for multi‑use business options
- 35 dedicated parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,716
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$814,320
$814.3K
Cap Rate 7%
$581,657
$581.7K
Cap Rate 9%
$452,400
$452.4K
Market Conditions
NOI Build-Up for 7,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$58.5K $7.80/SF
− Vacancy
−$4.2K −$0.56/SF
EGI
$54.3K $7.24/SF
− OpEx
−$13.6K −$1.81/SF
NOI
$40.7K $5.43/SF
Area
Carbon County, PA
Vacancy
7.20%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$814,320
Cap Rate 7%
$581,657
Cap Rate 9%
$452,400
Alternative Uses
Best Use
Retail
$1.32M
$1.15M – $1.54M
NOI $92,377 @ 7.0% cap · market cap 11.86%
Second Best
Office B
$581.7K
$509.0K – $678.6K
NOI $40,716 @ 7.0% cap · market cap 5.23%
Theoretical Best
Specialty Retail
$1.47M
$1.29M – $1.72M
NOI $103,140 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
Demographics for 18235, PA
19,139
Population
8,796
Households
2.2
Avg Household Size
47
Median Age
19%
College-Educated
89%
High-School Grad
86.9 sq mi
ZIP Area
220
Density / Sq Mi
$72,626
Median Household Income
$44,418
Median Earnings
$1,003
Median Rent
$218,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Versatile commercial building with high visibility and multi-use potential.
Where is this retail space located?
The property is located at 400 Interchange Road Lehighton, PA.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: High‑visibility location on Route 209 with over 15,000 vehicles daily; Adaptable 7,500 sq ft building for multi‑use business options; 35 dedicated parking spaces
